Affirm Q1 FY27 net income more than doubles year over year to $164.17 million
AFRM•AFRM•AFRM•AFRM•Affirm’s fiscal first-quarter 2027 net income more than doubled year over year to $164.17 million. Revenue rose 35% to $1.26 billion, and the company forecast second-quarter revenue of $1.44 billion to $1.47 billion.
Affirm reported fiscal first-quarter 2027 net income of $164.17 million, more than double the year-earlier figure. Revenue climbed 35% year over year to $1.26 billion, while gross merchandise volume rose 34% to $14.4 billion.
Affirm Card gross merchandise volume more than doubled year over year to $3.3 billion. The company forecast fiscal second-quarter revenue of $1.44 billion to $1.47 billion and gross merchandise volume of $17.9 billion to $18.2 billion.
New merchant launches included AliExpress and Antom. Affirm also signed or announced partnerships with Farfetch, J. Crew and Sam’s Club.
